119.4—What services or activities must PRIME grant funds be used for?
A recipient of a PRIME grant (“grantee”) must use PRIME grants to—
(a)
Provide training and technical assistance to disadvantaged microentrepreneurs (“Technical Assistance Grant”);
(b)
Provide training and capacity building services to microenterprise development organizations and programs to assist them to develop microenterprise training and services (“Capacity Building Grant”);
(c)
Aid in researching and developing the best practices in the field of microenterprise development and technical assistance programs for disadvantaged microentrepreneurs (“Research and Development Grant”); or
(d)
Conduct such other activities as the Administrator or designee determines to be consistent with the purposes of the Act (“Discretionary Grant”).